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Kuroda Sets No Limits in BOJ Campaign to Spur Inflation
Bank of Japan chief Haruhiko Kuroda highlighted his determination to stoke inflation in the world’s third-biggest economy, saying there’s no limit to measures he could take to reach its price target. It’s natural to act if risks to price gains become substantial, and last week’s stimulus was “a true display of the Bank’s unwavering commitment,” Kuroda said in a speech in Tokyo today. “As for measures for additional easing, I don’t think there is a limit, including on bond purchases.” Convincing consumers and companies that he means business is critical to the central bank’s efforts to end what ... (full story)
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